Latin Metals Discovers High-Grade Copper (TSXV: LMS) OTCQB: LMSQF) - RICH TV LIVE

Latin Metals Discovers High-Grade Copper (TSXV: LMS) OTCQB: LMSQF) - RICH TV LIVE - April 20, 2022 - #latinmetals #copper #richtvlive #rich #richtv #trading #stocks #business #news #finance #education #investing #pennystocks #win #money #metals #mining
Latin Metals Inc is a mineral exploration company acquiring a diversified portfolio of assets in South America. The Company operates with a Prospect Generator model focusing on the acquisition of prospective exploration properties at minimum cost, completing initial evaluation through cost-effective exploration to establish drill targets, and securing joint venture partners to fund drilling and advanced exploration. Its asset portfolio includes the Organullo Gold project; Esperanza Project, Tres Cerros Project, Mina Angela Project, Ana Maria Project, Crosby Project, and El Quemado Project in Argentina and also has projects in Peru.

Latin Metals Inc. ( “Latin Metals” or the “Company” ) - (TSXV: LMS) OTCQB: LMSQF) is pleased to announce positive exploration results from its 100%-owned Auquis copper project (“ Auquis ” or the “ Project ”), located in the Coastal Copper Belt, where soil sampling results define high-grade anomalous copper over a 3km x 2km area.
Auquis Copper Project

The Company initiated exploration at the 4,000-hectare Auquis in February this year. Exploration completed to date includes an extensive soil sampling program designed to screen the most prospective portions of the property. A total of 253 soil samples were collected on a 400m x 200m grid. Results are positive ( Figure 1 ), defining a coincident copper and molybdenum anomaly over an area of 3km x 2km. Within this area, copper-in-soil values are greater than 500 ppm (0.05%) and up to 2,300 ppm (0.23%) copper.

Latin Metals is committed to regularly engaging with community stakeholders and backing local projects with positive and lasting community benefits. Having reached an agreement with the communities at Auquis, the Company will undertake various capacity-building projects focused on agricultural development and irrigation projects. Community engagement and consultation continues at the Auquis project and is ongoing at this and other Latin Metals’ projects.

Latin Metal’s CEO, Keith Henderson, commented: “Exploration at Auquis offers compelling discovery potential as little historical work has been done on these highly prospective targets. The project remains an exciting exploration story that can expose investors to a top mining jurisdiction as well as commodities in high demand and short supply, such as copper. We look forward to updating our shareholders with progress as we move through exploration milestones over the coming months.”

Next Steps

Latin Metals will begin a comprehensive rock chip sampling and mapping program in April, focusing on the high-grade copper anomalies identified by the soil survey.

Coastal Copper Belt

The Coastal Copper Belt in Peru is a Cretaceous belt hosting a variety of deposit types, including porphyry, epithermal, VMS and IOCG. Latin Metals has staked six exploration projects in the Belt, totalling 15,900 hectares. In 2021, the Company focused on the Lacsha copper-molybdenum discovery, where extensive exploration has been completed, including surface geochemistry and geophysical surveys. The Auquis copper-molybdenum project will see similar levels of exploration over the coming months.

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